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AMETEK Executive Vice President and Chief Financial Officer William J. Burke to Retire
AMETEKAMETEK(US:AME) Prnewswireยท2024-01-16 13:00

Core Insights - AMETEK, Inc. announced the retirement of William J. Burke, Executive Vice President and Chief Financial Officer, effective April 2, 2024, after 36 years with the company [1][2] - Dalip M. Puri, currently Senior Vice President of Operational Finance, has been appointed to succeed Mr. Burke [1] - Mr. Burke will continue to serve as a Senior Advisor until April 2025 to facilitate a smooth transition [1] Company Overview - AMETEK, Inc. is a leading global provider of industrial technology solutions with annual sales exceeding $6.0 billion [3] - The company employs a Growth Model that integrates four strategies: Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions, focusing on cash generation and capital deployment [3] - AMETEK aims for double-digit percentage growth in earnings per share over the business cycle and seeks a superior return on total capital [3] - Founded in 1930, AMETEK has been listed on the NYSE for over 90 years and is a component of the S&P 500 [3]